CURRENCIES: Dollar Falls Against Yen As Risk Sentiment Weakens

TODAY: Oct. 2, 2014 PUB DATE: Oct. 2, 2014

By Hiroyuki Kachi The dollar fell against the yen in Asia trade Thursday, as fears over the global economy pushed down stock markets and prompted an adjustment of the greenback following the rapid gains of recent days. The dollar (USDJPY) ...

BOE Asks Treasury for Powers to Curb Real-Estate Lending--Update

TODAY: Oct. 2, 2014 PUB DATE: Oct. 2, 2014

By Jason Douglas and Art Patnaude LONDON--The Bank of England Thursday asked the government for powerful new tools to curb real-estate lending, underscoring officials' concern over the potential risk to the U.K. economy from the housing market. The request, from ...

Bank of England Asks Government for New Powers Over Housing

TODAY: Oct. 2, 2014 PUB DATE: Oct. 2, 2014

By Jason Douglas and Art Patnaude LONDON--The Bank of England Thursday asked the government for powerful new tools to curb real-estate lending, underscoring officials' concern over the potential risk to the U.K. economy from the housing market. The request, from ...

Australia Trade Deficit Narrows in August

TODAY: Oct. 2, 2014 PUB DATE: Oct. 2, 2014

By James Glynn SYDNEY--Australia's trade deficit narrowed sharply in August to the smallest since April, government figures Thursday showed. The country posted a seasonally adjusted trade deficit of A$787 million in August, compared with a deficit of A$1.08 billion in ...

U.S. Jobless Claims Fall 8,000

TODAY: Oct. 2, 2014 PUB DATE: Oct. 2, 2014

WASHINGTON- The number of new applications for unemployment benefits fell again last week, the latest sign layoffs are declining amid a generally improving economy. Initial claims for unemployment benefits decreased by 8,000 to a seasonally adjusted 287,000 in the week ...

U.S. Jobless Claims Fell 8K Last Week

TODAY: Oct. 2, 2014 PUB DATE: Oct. 2, 2014

By Jonathan House and Sarah Portlock WASHINGTON- The number of new applications for unemployment benefits fell again last week, the latest sign layoffs are declining amid a generally improving economy. Initial claims for unemployment benefits decreased by 8,000 to a ...

Russia to Support Sanctioned Sectors, Companies

TODAY: Oct. 2, 2014 PUB DATE: Oct. 2, 2014

MOSCOW-Russia will support sectors and companies that were put on the sanctions list by the West, President Vladimir Putin said Thursday. Russia's largest oil producer Rosneft, the defense sector and major state-run banks, such as Sberbank and VTB, were sanctioned ...

Mercedes to Launch Autonomous Driving E-Class

TODAY: Oct. 2, 2014 PUB DATE: Oct. 2, 2014

PARIS--German car maker Daimler AG plans to launch a Mercedes E-Class model with advanced autonomous driving functions in 2016, the company's chief executive officer said Thursday. "We plan to affirm our leading position in this market with the next generation ...

Europe Stocks Stay Low, Euro Steady -- 3rd Update

TODAY: Oct. 2, 2014 PUB DATE: Oct. 2, 2014

By Tommy Stubbington European stocks extended declines Thursday and the euro rose slightly after the European Central Bank held interest rates at record lows, but provided fewer details of plans to expand its balance sheet than some investors had hoped ...

Argentina Central Bank Governor Resigns

TODAY: Oct. 2, 2014 PUB DATE: Oct. 2, 2014

BUENOS AIRES--Argentine President Cristina Kirchner replaced the head of the central bank Wednesday, marking the second overhaul of her economic team in less than a year. Mrs. Kirchner named her top securities and exchange regulator, Alejandro Vanoli, as central bank ...

Australian Government Redraws Welfare Plan

TODAY: Oct. 2, 2014 PUB DATE: Oct. 2, 2014

By Rebecca Thurlow SYDNEY--Australia's conservative government repackaged a raft of proposed cuts to welfare spending to help steer the controversial measures through a hostile Senate. The welfare cuts are part of a plan--alongside tax increases--to quickly reduce the country's budget ...

Areva to Supply Nuclear Fuel for EDF's French Reactors in 2015-2021

TODAY: Oct. 2, 2014 PUB DATE: Oct. 2, 2014

By Inti Landauro PARIS--French nuclear engineering firm Areva SA (AREVA.FR) said Thursday it has agreed to supply nuclear fuel for French reactors to state-owned power utility Electricite de France SA (EDF.FR) between 2015 and 2021. "The agreement guarantees the delivery ...

Australia Trade Deficit Narrows in August

TODAY: Oct. 2, 2014 PUB DATE: Oct. 2, 2014

SYDNEY--Australia's trade deficit narrowed sharply in August to the smallest since April, government figures Thursday showed. The country posted a seasonally adjusted trade deficit of A$787 million in August, compared with a deficit of A$1.08 billion in July, the Australian ...

Russian Officials Say No Plans for Capital Controls

TODAY: Oct. 2, 2014 PUB DATE: Oct. 2, 2014

By Andrey Ostroukh And Alexander Kolyandr MOSCOW--With the ruble falling and no sign of a letup in Western sanctions, Russia's top officials sought to reassure nervous investors Thursday that there were no plans for capital controls to stem money outflows ...

EUROPE MARKETS: European Stocks Fall; ECB Watched For Stimulus Details

TODAY: Oct. 2, 2014 PUB DATE: Oct. 2, 2014

By Carla Mozee, MarketWatch LONDON (MarketWatch) -- Stocks across Europe were lower Thursday, stuck in the red after the European Central Bank matched the markets expectations by leaving interest rates unchanged. Markets are awaiting details around further steps the central ...

Stock Futures Inch Up After Selloff

TODAY: Oct. 2, 2014 PUB DATE: Oct. 2, 2014

By Chris Dieterich U.S. stock futures inched higher Thursday, steadying after the previous day's sharp losses, as investors awaited data on jobless claims and the factory sector. Futures on the Dow Jones Industrial Average rose three points, or 0.1%, to ...

Sao Paulo CPI Rises 0.21% in September

TODAY: Oct. 2, 2014 PUB DATE: Oct. 2, 2014

By Rogerio Jelmayer SAO PAULO--Growth for Sao Paulo's consumer price index slowed in September due to a housing-cost drop. Sao Paulo CPI rose 0.21% in September compared with a 0.34% rise in August, the Fipe research foundation said on Thursday. ...

CURRENCIES: Draghi Comments Give Euro A Boost

TODAY: Oct. 2, 2014 PUB DATE: Oct. 2, 2014

By Hiroyuki Kachi NEW YORK (MarketWatch) -- The euro inched up against the dollar and the pound Thursday morning as European Central Bank President Mario Draghi took questions during a press conference following the central bank's meeting in Naples, Italy ...